USD to GMD - Compare Exchange Rates

United States Dollar to Gambian Dalasi - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees.
These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

USD to GMD mid-rate = 49.56

Right now the USD/GMD market mid-rate is 49.56
and represents ideally how many Gambian Dalasi you can get for one United States Dollar.

This USD/GMD Converter calculates equivalent United States Dollar to Gambian Dalasi amounts at the market mid-rate:

United States Dollar to Gambian Dalasi (USD-GMD) - 10 Year History

The below table shows the historic variation in the USD/GMD exchange rate over the last 10 years.
The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour.
You can also view our various charts of USD versus other currencies : USD historical charts.

Date

Exchange Rate

Period

Change

22 Feb 2019

49.5600

Latest

15 Feb 2019

49.5500

1 Week

+0.02%

23 Jan 2019

49.5600

1 Month

0%

26 Aug 2018

48.0000

6 Months

+3.25%

22 Feb 2018

47.2000

1 Year

+5%

22 Feb 2017

44.4400

2 Years

+11.52%

23 Feb 2014

38.1500

5 Years

+29.91%

24 Feb 2009

26.6305

10 Years

+86.1%

Why can't I just get the USD/GMD market rate I see on Google or in the Media?

The USD/GMD mid-rate is the rate you will see
Quoted on Google
or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between
the last rate at which the USD / GMD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin
you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for
travel money and possibly over 5% to 6% when sending money.
The exact potential savings depends on the currencies being exchanged and the amount
you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/GMD midrate the better deal you are getting.

The three things you need in order to get a good USD to GMD exchange rate

Know the latest USD/GMD market mid-rate.
The closer your final exchange rate is to this real market rate the better deal you are getting.
You should also judge how the current rate compares to the historic rate over the past 10 years.

Compare your Bank's transaction costs
to several
licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees.
We make that easy to do with our calculators for
Foreign Transfers
and
Travel Money
transactions.

Currency news and forecasts for United States Dollar and Gambian Dalasi

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs GMD, you should pay attention to both United States Dollar and Gambian Dalasi news and forecasts.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

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